Resource Royalties: Rural Investment Mechanisms in an Era of Uncertainty II

Type: Paper
Theme:
Sponsor Groups: Rural Geography Specialty Group
Poster #:
Day: 4/13/2018
Start / End Time: 5:20 PM / 7:00 PM
Room: Grand Ballroom B, Astor, 2nd Floor
Organizers: Laura Ryser
Chairs: Greg Halseth

Description

Resource dependent regions in Canada, Australia, the US, and in other industrialized regions have experienced rapid change due to forces of both political and economic restructuring over the past three decades. Studies have noted the apparent drain of resource wealth out of the rural regions from which resources have been extracted, by companies and senior levels of government, leaving little behind to maintain with which to anchor local economies and communities (Halseth et al 2014; Hogan 2012; Markey et al, 2012).
Policy and programmatic responses to these accelerating processes of change have too often only exacerbated the negative impacts of population loss and environmental degradation (Halseth, 2017). As a result, rural and small town places dependent upon resource sectors continue to struggle to find traction in a new economy marked by the vagaries of demographic, economic, social, cultural, political, and environmental change.
Against this backdrop of rural change and uncertainty, the purpose of this session is to investigate how resource royalties (and associated fiscal mechanisms) are being employed to provide a financial return to resource producing rural regions.
It is our hope that the session realizes three overall objectives: first, that it advances the theoretical discussion associated with rural resource region development; second, that it provides an international survey and comparison of different resource royalty models; and third, that it helps to frame questions of resource region benefit from resource extraction, with a specific focus on royalties.


Agenda

Type Details Minutes Start Time
Presenter Mark Haggerty*, Headwaters Economics, Comparing Coal Fiscal Policies for Western States 20 5:20 PM
Presenter Kelli Roemer*, Montana State University, Mark N. Haggerty, Headwaters Economics, Julia H. Haggerty, Montana State University, Jackson Rose, Montana State University, Planning for the Local Impacts of Coal Facility Closure: Emerging Strategies in the American West 20 5:40 PM
Presenter Kristin Smith*, Montana State University, Julia H. Haggerty, Montana State University, Spiraling Path Dependencies in Rural Energy Communities: A Case Study of the Western Area Water Supply Project in North Dakota 20 6:00 PM
Presenter Leith Deacon*, University of Alberta, Trina Lamanes, University of Alberta, Provision of contextually appropriate opportunities for participation in recreation and leisure: A Case Study of Fort McMurray, Alberta 20 6:20 PM
Discussant Greg Halseth U Of Northern British Columbia 20 6:40 PM

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